Topic of the Day: Regulatory Burden
The regulatory burden on credit unions is the topic of three separate articles today. The first discusses Linda McFadden's testimony to the Senate Banking Committee why "enough is enough" regarding overregulation of credit unions. The second relates to the same hearing, but focuses on CUNA's testimony that will hopefully be "an important step toward preparing...bills for Senate consideration." The third features another testimony by CUNA, this time to the FHFA about how safety and soundness do not justify overregulation. [9/16/14]